INFL vs. WTIP

Last updated Jun 4, 2026

INFL (Horizon Kinetics Inflation Beneficiaries ETF) and WTIP (WisdomTree Inflation Plus Fund) are both exchange-traded funds - INFL is a Global Equities fund actively managed by Horizon Kinetics LLC, while WTIP is a Long-Short fund actively managed by WisdomTree. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. INFL charges 0.85%/yr vs 0.65%/yr for WTIP.

Performance

INFL vs. WTIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Horizon Kinetics Inflation Beneficiaries ETF (INFL) and WisdomTree Inflation Plus Fund (WTIP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INFL achieves a 17.21% return, which is significantly higher than WTIP's 14.34% return.

INFL

• 1D: -0.48%
• 1M: -1.64%
• YTD: 17.21%
• 6M: 17.82%
• 1Y: 23.41%
• 3Y*: 21.83%
• 5Y*: 13.12%
• 10Y*: —

WTIP

• 1D: -0.67%
• 1M: -3.73%
• YTD: 14.34%
• 6M: 16.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

INFL vs. WTIP - Yearly Performance Comparison

	2026 (YTD)	2025
INFL Horizon Kinetics Inflation Beneficiaries ETF	17.21%	5.56%
WTIP WisdomTree Inflation Plus Fund	14.34%	14.00%

Correlation

The correlation between INFL and WTIP is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.31

Return for Risk

INFL vs. WTIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INFL

INFL Risk / Return Rank: 45
INFL Sharpe Ratio Rank: 42
INFL Sortino Ratio Rank: 38
INFL Omega Ratio Rank: 40
INFL Calmar Ratio Rank: 56
INFL Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INFL vs. WTIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Kinetics Inflation Beneficiaries ETF (INFL) and WisdomTree Inflation Plus Fund (WTIP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	INFL	WTIP	Difference
Sharpe ratio: Return per unit of total volatility	1.52	—	—
Sortino ratio: Return per unit of downside risk	2.01	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.81	—	—
Martin ratio: Return relative to average drawdown	7.68	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	INFL	WTIP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	1.89	-0.97

Drawdowns

INFL vs. WTIP - Drawdown Comparison

The maximum INFL drawdown since its inception was -21.30%, which is greater than WTIP's maximum drawdown of -8.35%. Use the drawdown chart below to compare losses from any high point for INFL and WTIP.

Drawdown Indicators

	INFL	WTIP	Difference
Max Drawdown Largest peak-to-trough decline	-21.30%	-8.35%	-12.95%
Max Drawdown (1Y) Largest decline over 1 year	-8.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.30%	—	—
Current Drawdown Current decline from peak	-5.51%	-8.35%	+2.84%
Average Drawdown Average peak-to-trough decline	-5.10%	-1.39%	-3.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.06%	—	—

Volatility

Volatility by Period

	INFL	WTIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.52%	17.05%	-1.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.71%	17.05%	+0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.64%	17.05%	+0.59%

INFL vs. WTIP - Expense Ratio Comparison

INFL has a 0.85% expense ratio, which is higher than WTIP's 0.65% expense ratio.

Dividends

INFL vs. WTIP - Dividend Comparison

INFL's dividend yield for the trailing twelve months is around 0.91%, less than WTIP's 2.80% yield.

Position	TTM	2025	2024	2023	2022	2021
INFL Horizon Kinetics Inflation Beneficiaries ETF	0.91%	1.26%	1.77%	1.60%	1.65%	0.91%
WTIP WisdomTree Inflation Plus Fund	2.80%	1.59%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both INFL and WTIP in my portfolio?

INFL and WTIP have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, INFL or WTIP?

On fees, WTIP is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, INFL or WTIP?

WTIP is cheaper with a 0.65% expense ratio, compared with 0.85% for INFL.

Which ETF pays a higher dividend yield, INFL or WTIP?

WTIP has the higher dividend yield at 2.80%, compared with 0.91% for INFL.

What is the main difference between INFL and WTIP?

INFL is categorized as Global Equities, while WTIP is Long-Short. They also come from different issuers: Horizon Kinetics LLC and WisdomTree. Their fees differ too: 0.85% for INFL and 0.65% for WTIP.